iClick Interactive Asia Group Limited (NASDAQ:ICLK) Sees Significant Decline in Short Interest

by · The Cerbat Gem

iClick Interactive Asia Group Limited (NASDAQ:ICLK – Get Free Report) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 44,900 shares, a drop of 6.5% from the November 30th total of 48,000 shares. Based on an average daily volume of 61,000 shares, the days-to-cover ratio is presently 0.7 days.

iClick Interactive Asia Group Stock Performance

ICLK opened at $9.36 on Wednesday. iClick Interactive Asia Group has a 1 year low of $1.03 and a 1 year high of $9.88. The stock’s 50 day simple moving average is $5.59 and its 200-day simple moving average is $3.63.

About iClick Interactive Asia Group

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iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in Mainland China, Hong Kong, and internationally. It operates through two segments, Marketing Solutions and Enterprise Solutions. The company offers iAudience, a market intelligence platform that provides real-time insights of the target audiences and competitive landscapes that allows enterprises to explore potential market opportunities and drive long-term business growth; iNsights 2.0, a marketing analytics platform that provides marketers with in-depth analyses, including conversion path analysis, cross-channel effectiveness analysis, and e-commerce analysis; iParllay, a social commerce platform that offers customer management and marketing automation capabilities; iSCRM, a WeChat social customer relationship management that provides enterprises with WeChat private traffic management and operation; and iAccess, an audience engagement and activation solution tailored for brand awareness-driven and performance-driven campaigns.

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